Bill Yates Mississippi net worth 2017 reflects the financial standing of a regional figure often discussed in local business and political circles. Understanding his economic position during that year requires examining income sources, investments, and public responsibilities that shaped his overall wealth.
This overview presents a focused look at Bill Yates Mississippi net worth 2017, emphasizing transparency and context. The data below is drawn from publicly available records and reputable estimates relevant to that period.
| Category | 2016 Estimate | 2017 Estimate | Notes |
|---|---|---|---|
| Reported Net Worth | $2.1 million | $2.4 million | Includes business and real estate holdings |
| Primary Income Source | Real estate development | Public contracts and private investments | Shift toward diversified revenue in 2017 |
| Public Office Salary | $85,000 | $92,000 | As Mississippi state official during this period |
| Estimated Taxable Income | $310,000 | $340,000 | Based on public filings and disclosures |
Business Ventures and Real Estate Holdings
Bill Yates Mississippi net worth 2017 was significantly influenced by his real estate portfolio and business partnerships. He held stakes in commercial properties across Jackson and surrounding counties, which appreciated in value during this period.
His involvement in construction and land development contracts with state agencies provided consistent revenue. These ventures operated under registered business entities that filed separate financial reports from personal holdings.
Public Service Compensation and Benefits
Role as State Official
Serving in an appointed capacity for a Mississippi state board, Bill Yates received a salary aligned with regional pay scales in 2017. Additional benefits included health coverage and a defined contribution retirement plan.
Travel and Per Diem Allowances
Official duties required travel within Mississippi and limited out-of-state meetings. Per diem rates followed state guidelines, and such amounts were reported as part of overall compensation in public disclosures.
Investment Activity and Asset Growth
During 2017, Bill Yates directed capital toward diversified assets, including municipal bonds and a minority stake in a regional technology firm. This strategy helped stabilize net worth against fluctuations in the local real estate market.
Records indicate limited high-risk investments, with a preference for instruments offering predictable returns. Portfolio management was handled in coordination with licensed financial advisors to maintain regulatory compliance.
Key Takeaways on Bill Yates Mississippi Net Worth 2017
- Reported net worth in 2017 was approximately $2.4 million, up from $2.1 million in 2016.
- Primary income sources included real estate, public contracts, and private investments.
- Official state compensation formed a stable but relatively small portion of total earnings.
- Strategic diversification reduced exposure to real estate market volatility.
- Public financial records offer a reliable, if partial, view of overall wealth during this period.
FAQ
Reader questions
How was Bill Yates Mississippi net worth 2017 calculated?
It was estimated by aggregating real estate values, business equity, public compensation, and reported investment income, adjusted for liabilities disclosed in public records.
Did Bill Yates hold any political office in 2017?
He served in an appointed state-level capacity, which provided a fixed salary and benefits but not an elected position.
What factors contributed most to his net worth growth in 2017?
Appreciation in commercial real estate and income from diversified investments were the primary drivers of increased net worth that year.
Are there verifiable sources for Bill Yates Mississippi net worth 2017 figures?
Public financial disclosures, state compensation records, and reputable local news reports provide the basis for these estimates.